01
What is LEED?
LEED, which stands for Leadership in Energy and Environmental Design, was launched in 1998 by the USGBC (United States Green Building Council). Version 5, released in November 2025, marks a break with the past: decarbonisation now accounts for 50% of the weighting.
It targets absolute decarbonisation, covering both operational and embodied carbon, building electrification and climate resilience. Carbon performance targets become mandatory prerequisites from the Certified level upwards.
LEED requires an energy simulation under the US standard ASHRAE 90.1. French engineering consultancies therefore have to run dual modelling, RE2020 and ASHRAE, which increases the cost of studies.
The label is the benchmark in the United States, Canada and Asia. In France, it is mainly chosen for the towers of La Défense, such as Tour First or Tour Alto, and for the headquarters of large international groups such as Google or L’Oréal.
02
The categories
v5 organises its credits around three goals: decarbonisation (50%), quality of life (25%) and ecological conservation (25%). It adds three mandatory prerequisites:
- Operational carbonEAp1
- A projection of the building’s operational carbon, together with a decarbonisation plan.
- Embodied carbonMRp2
- Quantification and assessment of embodied carbon, through a life cycle assessment of materials.
- ResilienceIntegrative Process (IP) prerequisite
- Climate resilience assessment from the design stage.
Prerequisites and credits by category
- Location and transportationLocation & Transportation (LT)
- Access to quality public transport, with a metro or tram stop within 400 m; charging points on 5% of parking spaces; in v5, a dedicated social equity credit (Equitable Development).
- Sustainable sitesSustainable Sites (SS)
- Minimised site disturbance, now a prerequisite in v5; habitat that supports biodiversity, under ecological conservation; heat island reduction through white or green roofs.
- Water efficiencyWater Efficiency (WE)
- A prerequisite of −20% consumption against the US baseline; −40 to −50% targeted for indoor use; optimised cooling tower cycles of concentration.
- Energy and atmosphereEnergy & Atmosphere (EA), the cornerstone of v5
- Electrification (EAc1): a strong incentive to eliminate on-site fossil fuels. Performance (EAc3): ASHRAE 90.1-2016 simulation, hence dual modelling in France. In v5, the Platinum level also requires a minimum carbon threshold; points alone are no longer enough.
- Materials and resourcesMaterials & Resources (MR)
- Life cycle assessment (MRp2), the embodied carbon prerequisite in v5; 20 products documented by an environmental product declaration (EPD, the equivalent of French FDES); more than 75% of construction waste recycled.
- Indoor environmental qualityIndoor Environmental Quality (EQ)
- Air quality testing, worth 2 points for new construction in v5; daylight factor simulation for daylight autonomy; outdoor views for 75% of occupants.
- Integrative process and innovationIntegrative Process & Innovation
- Green Leases (v5): 6 points in Core & Shell to align owner and tenant; an integrative process grounded in rigorous preliminary studies, not just documentation; innovation bonus points for exemplary performance.
03
From v4.1 to v5
The move from v4.1 (2019 to 2025) to v5 (November 2025) is the most profound transformation in the label’s history. Decarbonisation becomes its central pillar, with 50% of the weighting.
| Topic | v4.1 (2019 to 2025) | v5 (November 2025) |
|---|---|---|
| Philosophy | Energy efficiency, holistic process | Absolute decarbonisation, 50% of points |
| Operational carbon | Optional credit | Mandatory prerequisite (EAp1) |
| Embodied carbon | Optional credit | Mandatory prerequisite (MRp2) |
| Climate resilience | Not required | Mandatory prerequisite (integrative process) |
| Electrification | Encouraged | Strongly encouraged (EAc1) |
| Platinum level | Sufficient score | Score plus a mandatory minimum carbon threshold |
| Social equity | Limited | Dedicated credit (Equitable Development) |
| Green leases | No | 6 points in Core & Shell |
04
The rating
The system is simple: 100 base points and 10 bonus points (innovation and regional priorities). Unlike BREEAM, there is no weighting: one point is worth one point.
| Level | Points | What it means |
|---|---|---|
| Platinum | 80 and above | Maximum prestige, reserved for landmark towers |
| Gold | 60 to 79 | The international standard, highly valued |
| Silver | 50 to 59 | A decent level, with no major added value |
| Certified | 40 to 49 | The minimum for certification, rarely targeted in France |
05
The process
The process is fully digital, on the LEED Online platform. A site visit is not systematic, but the documentation requirements are very demanding.
- RegistrationStep 1
- The project is registered on LEED Online.
- SubmissionStep 2, design and construction
- Evidence is submitted and fully reviewed remotely by GBCI (Green Business Certification Inc.). The review is technical and demanding.
- CertificationStep 3
- The final score is notified and the label’s distinctive round glass plaque is awarded.
06
Costs and return
Certification fees
The registration and review fees paid to the USGBC are lower than for BREEAM or HQE. LEED AP fees, on the other hand, are higher than for BREEAM, because the assignment includes complex energy modelling (ASHRAE) and the management of EPDs.
$4k to $12k
USGBC registration and review fees
€25k to €50k
LEED AP fees, full support
Additional construction cost and return on investment
What the Gold and Platinum levels cost in construction works, and what they bring in rental terms.
| Level | Additional construction cost (% of works budget) | Return (rental value and energy) |
|---|---|---|
| Silver and Certified | 0 to 2% | Mere compliance: avoids a value discount, little effect on rent |
| Gold | 2 to 6% | Prime rents of +5 to +12%; energy savings of around −25% against the baseline; the level required by US companies |
| Platinum | Over 8% | A benchmark asset, eligible for green bonds: record rents, minimal operating costs (−40%), access to the most favourable green financing |
07
Advantages and limitations
Advantages
- International prestige: it is the benchmark label for towers and headquarters.
- Real energy performance, since the assessment is based on a simulation.
- A commercial asset: the Gold and Platinum levels resonate with investors and tenants alike.
Limitations
- A pass-or-fail logic: missing a single prerequisite, such as the −20% on water, is enough to rule the project out.
- A high level of technicality, requiring specialist engineering consultancies (ASHRAE, commissioning).
- More expensive engineering studies than for BREEAM or HQE.
08
Targeting Gold
Reaching Gold, or even Platinum, does not mean chasing every point. The following table shows, by project type, how easy it is to secure the points in each category to reach Gold. It says nothing about their return, which is covered further down.
| Category | New commercial | Renovation | High-rise tower |
|---|---|---|---|
| Location and transportation (mobility, bicycles, EVs) | Easy* | Easy* | Easy* |
| Energy and atmosphere (33 points maximum) | Hard | Limited | Priority |
| Water efficiency | Moderate | Moderate | Moderate |
| Materials and resources (EPD, FDES) | Hard** | Moderate | Hard** |
| Indoor environmental quality (health, comfort) | Easy | Easy | Easy |
To help you decide, here is the financial value each category can deliver, expressed in rent, sale price or operating cost savings. These figures come from the CBRE “Green is Good” study and from USGBC data.
| Category | New commercial | Renovation | High-rise tower |
|---|---|---|---|
| Location and transportation | +5% rent (premium location) | +4% value (CBRE) | Vacancy below 3% |
| Energy and atmosphere | −20% operating costs | −10% operating costs (USGBC) | Payback in under 6 years |
| Water efficiency | −30% water consumption | −15% on the bill, limited effect | −40% consumption (cooling towers) |
| Materials and resources | +4% asset value | Neutral, mere compliance | Carbon footprint for ESG reporting |
| Indoor environmental quality | +16% productivity (cognitive function) | +31% rent (LEED premium) | +6% sleep (Harvard study) |